Omaco, a technological firm, recently invested $20 million to design a data system that can access the already-stored information in the company servers at a higher speed than previous data systems. In this scenario, the money invested in the data system can be considered to be_____.
A) acquisition cost
B) processing cost
C) retrieval cost
D) storage cost

Question

Quizplus · Accepted Answer

The investment is aimed at improving the speed of accessing or retrieving data, making it a retrieval cost.

Omaco, a Technological Firm, Recently Invested $20 Million to Design